Procurement Analyst

Procurement Analyst

A procurement Analyst is a professional responsible for sourcing, evaluating, and purchasing the goods, services, and materials an organization needs to operate while managing supplier relationships and controlling costs

Quiz Questions

Q202: In procurement, Return on investment (ROI) refers to which of the following?

Requirements set by a funder that must be followed for grant-financed purchases
A procedure in which any qualified supplier may bid after public advertisement
Ending a contract because the supplier failed to meet its obligations
A measure of gain relative to the cost of an investment
Purchasing managed by one central unit for the entire organization

Q203: A bidder scores 75/100 on technical quality (weight 50%) and 85/100 on price (weight 50%). What is its combined score?

160
80
37.50
88
101.60

Q204: The baseline price was 900 and the awarded price is 630. What is the percentage saving against the baseline?

42.86%
70%
270%
40%
30%

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